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Richard Rasmussen’s Market Watch – May 2013

Richard Rasmussen (pictured), director of Ascent Partners, looks at all the local market’s activities over the last month and discovers that Melbourne’s PacPrint trade show has resulted in more new machinery sales than any other sort of market movement within the industry for the month – a Market Watch first.

Market Watch – May 13.

For the first time since writing this report (July 2011) we have far more new machinery sales and installations than market movements (business sales, acquisitions, mergers and closures).

Albeit most of these new equipment sales came from PacPrint, the list below is indeed impressive and shows a degree of confidence in the future – you don’t invest in new capital equipment unless you believe those investments will make a return.

Major Equipment Sales and Installations

Digital:

HP Indigo – 10 machines sold of which may have included Bambra Press’s HP 10000. They also installed an Indigo 5500 at LEP (QLD).